Quoted By:
Credit card delinquencies have surpassed pre-pandemic levels and continue to rise.
>Severe credit card delinquencies, those 90 days overdue, have now climbed to 10.7% — the highest since 2012, per CNN
>A third of maxed-out credit card borrowers have gone delinquent in the last year, compared with less than a quarter before the pandemic, the NY Fed has said
>McDonald’s, $MCD, has said the average U.S. Big Mac was $4.39 in 2019 and now costs $5.29, a 20.5% increase
Bros how much longer will the average normie be able to afford to feed themselves?
